Economic restructuring

Particularly, the Government requires ministries and ministerial-level agencies to actively receive and handle proposals of localities under their assigned functions, tasks, and authority to promptly and drastically remove problems in production and business activities. In case that the proposals are beyond their powers, they must report to the Government and the Prime Minister for consideration and decision. Ministries, central agencies, and localities must focus on strictly implementing Directive No.48-CT/TW of the Secretariat of the Party Central Committee on the celebration of the Lunar New Year, Directive No. 44/CT-TTg of the Prime Minister on strengthening measures to ensure a happy, healthy, safe, and thrifty Tet holidays, and the Telegram No.1711/CD-TTg on ensuring traffic safety along with the prevention of the Covid-19 pandemic during Lunar New Year and spring festival in 2021. The Government emphasized that they must continue to focus on implementing the dual goals and … [Read more...] about Gov’t orders synchronous implementation of measures for 6.5-percent growth

Vietnam must have really strong local enterprises to have a self-reliant economy. This poses an urgent need, that is the attraction and use of FDI in the next phase must bring about qualitative efficiency, meaning that the value of the production chain in Vietnam must belong to Vietnamese enterprises. Meanwhile, the private sector currently has a dominant presence in the economy, with some 800,000 enterprises operational as of October 2020, but over 95% of them are micro, small and medium busiensses. Therefore, the concentration of all resources available (capital, including land, high-quality manpower, incentives and so on) to develop the private sector economy is an urgent need for FDI attraction in the next phase. If private enterprises remain micro, small and medium, lack capital and technology, and still face administrative troubles, Vietnam will not have sufficient enterprises big and strong enough to be able to ally and partner with foreign enterprises so as to master each area … [Read more...] about Private sector development to enhance FDI efficiency

Ms. Thang revealed that the city has allocated more than VND45 billion to take care of residents including VND18.2 billion being allocated for supporting 35 different cities. Apart from that, the delegation gave VND1 billion to extremely poor families, beneficiaries of social welfare policies and ethnic minorities that suffered huge losses in the last year storm. … [Read more...] about HCMC gives US$775,243 to poor families in 35 cities, provinces on Tet occasion

SEA of Solutions is an annual event covering the debate on plastic pollution, convened by the United Nations Environment Programme and the Coordinating Body on the Seas of East Asia, through the SEA Circular project supported by the Swedish government. The COVID-19 pandemic has caused new and extraordinary challenges, threatening public health, the economy, and the environment. Efforts to preserve life and prevent contagion, such as wearing masks and maintaining physical distancing remain important measures. However, repercussions are all being felt in the increased use of hand sanitisers and protective equipment; a resurgence in the use of plastics including single-use bags; extensive use of food delivery services and e-commerce; and delays or reversals in plastic bag bans. … [Read more...] about Drastic measures urged to curb rise in plastic usage

Speaking at the groundbreaking ceremony, Secretary of the provincial Party Committee Nguyen Tien Hai said that the plant will contribute to the stabilization of power supply in the Mekong Delta region and the tourism and economic development of the province. … [Read more...] about Construction of VND10 trillion wind power farm started